Base2Trade.com Review

2.098 • 26 REVIEWS
Out of business
Updated: Sep 28, 2022

March 2015:  Andy Wilson, the Compliance Officer of Base2Trade, sent a message to the FPA claiming that a number of the negative reviews left for the company are fakes placed by one or more former staff members.  The email included the following statement...

After seeking legal advice our lawyers have instructed us to take legal action against yourselves however we deemed it necessary to communicate to yourselves first to professionally resolve this issue without having to take you to court due to the simple fact that your essentially forwarding information and not creating it.

The FPA believes this to be the same as "If at first you don't agree to remove all reviews we claim are fake, then our second choice is sue you."  The FPA does not discuss or negotiate while under legal threat.  The FPA requested that the CEO of Base2Trade permanently and irrevocably lift any threat of legal action.  So far, the CEO has not responded.

Under the circumstances, the FPA recommends an extreme level of caution dealing with Base2Trade.

July 2015:  The FPA now doubts that the anyone from Base2Trade will ever reply over the legal threat sent by Andy Wilson.  According to Finance Magnates, Base2Trade has ceased all operations due to the owner fleeing to Dubai.  CLICK HERE to verify.

October 2015:  Website is down.  We hope justice catches up with the owner and management of Base2Trade.

Base2Trade.com
Out of business
2.098 • 26 REVIEWS

Recent User Reviews of Base2Trade.com

B
B&C Associates Limited
London, United Kingdom,
Jan 13, 2016,
Guest

Please note that a meeting of Creditors for Base2Trade Limited is due to be held on 1 February 2016 at 2pm at Holiday Inn Bloomsbury, London, WC1N 1HT. It is proposed that the Company will be placed into Creditors Voluntary Liquidation on that date.

If you require any additional information regarding the company or the proposed Liquidation please contact Rachel Brewester at Rachel@bcassociates.uk.com.

Please note that no information will be given without details of any sums owed being emailed to the above address, together with details of how the sums were incurred.
K
keith roach
worcester, United Kingdom,
Oct 27, 2015,
Guest

This company is run by crooks who wiped my account out twice,and was able to withdraw any funds, due to there bullshit rules
J
John
Wigan, United Kingdom,
Jun 24, 2015,
Guest

SCAM, SCAM, SCAM. . . more fool me for falling for it as well . . I joined Base2Trade last October. My account has gone from 20k to 5k in a couple of weeks (I have just logged in to the site after a couple of weeks away and discovered that my money has gone from 20k down to 5k via some multiple reckless trading. They obviously know I am on to their game, finally and are emptying my funds double quick!!. My initial investment was $1k then following good performance figures (obviously to make me part with more money) I invested two more lots of £4000, Total investment £8,500.00. They make it look so good and viable. It was only when I came to ask for a withdrawal this year that the fun started. I have just taken screenshots of all my trading history and banking history and I've sent them another email to request they cease trading my account, but I wont hold my breath. Base2 Trade are a SCAM!! . . . If my "original" investment (in their own T&Cs) was to be turned over 3 times I should have seen something back straight away, but I was informed that the whole 8.5K had to be turned over 30 times because they had added a bonus without me requesting it!! I was even offered a way out of the bonus situation if I paid them a further £1,000 as a fee to remove the bonus so I could get access to my funds. I told them no thanks... Harold Bart (amongst others at the fake headquarters in London) if you are reading this, I don't know how you sleep at night, although in hindsight probably very well with your pockets lined with other people money.
A
Anon
London, United Kingdom,
Jun 22, 2015,
Guest

I registered with Base2Trade in Jan 2015 and added a small sum to my account that was matched by Base2Trade. The account was the standard performance broker and it was growing slowly but I was happy with slow and steady growth. My account had reached around $4000 in early June.

I had been watching this review page for some time and getting more and more alarmed with the reviews but since I hadn't requested a withdrawal and did not intend to for a while, given the rather restrictive terms and conditions for withdrawal, I was happy to let the account grow.

However, on 11th June my account was emptied due to several unauthorised trades of the same amount consecutively conducted over a very short period until I had $108 left in my account. You cannot now get through to Base2Trade using their phone number and I cannot work out any other way to get hold of them unless I go and visit their offices in London.

I am sorry for those that put in substantial sums, but it looks like a lesson learnt. It would be nice to somehow get some comeback in some way shape or form. Any ideas most welcome.

Thanks

Review Moderation Team Note: The best place for sharing ideas on an issue like you have reported would be in the FPA's forums.
J
Jay Mayfield
, USA,
Jun 22, 2015,
Guest

I requested a withdrawl 2-24-15. Not here as of 6-22-15. 4 months waiting.
R
Richard Pearson
London, United Kingdom,
Jun 21, 2015,
Guest

Same comment as all the others - this company is nothing but a scam. They do not return any calls or e-mails. AVOID
J
John Husband
Dover Kent, United Kingdom,
Jun 21, 2015,
Guest

My proof that I've been scammed is that I am posting this review of base2trade the binary forex trading website. I was originally contacted via a cold call from a marketing organization. They were marketing potential clients for b2t and soon enough I had a call from an excessively friendly chatty man by the name of Harry Jones who appointed himself as my primary contact, well, to cut a long story short, he managed to wheedle £10K out of me and I subscribed a further £3500 later. That was before I realised I had been tangoed. It started in October 2014 and ended in June 2015. Harry Jones evaporated after treating me to lunch near the trading office in Tower 42 the old NatWest tower in the city. It was all to create a "relationship", I tell you, these relationships are worse than a disease. I have a couple of screen shots of the bogus losing trades they used to reduce my account from 52000USD to 436USD in about a week. I also have a screen shot of my banking history which has now been erased. These people really are criminals, who deserve to be exposed. They should be forced to vacate the space they take up on the internet and in companies house. The police don't really seem to be too worried about the state of affairs with brokering scammers like this outfit, after all it's only grand larceny, or a ripoff formula that must have made the merchants millions. The company is registered in Anguilla in the Caribbean which is probably where Harry Jones is "based", hence base2trade, but it is actually Base to swindle.
M
Mark Schlitt
Florida, USA,
Jun 21, 2015,
Guest

A friend introduced me to binary trading back in October of 2014. He had been using a person he found on the internet who was an excellent trader. I watched his account grow for 2 months then decided to jump in. The trader's name is Michael Davids and he has an amazing record, trading with a positive 80% average. The platform is Base2Trade.com. I wired $5000 from my bank account to Base2Trade on Dec. 8, 2014 and after transferring funds from another account to my bank sent another wire Dec. 9 this time direct to Michael for an additional $15,750. He was to put $10k into B2T and use the other $5,750 for Forex or MT4 trading.

My friend requested a withdrawl of $2,000 from his B2T account around Feb. and although it took about 3 weeks it was finally received in his account. He however then requested another withdrawal in March for another $2,000. After numerous emails and phone calls to B2T while receiving dozens of excuses first that it had been sent but was delayed, then other excuses he has never received this or an additional request for another $2,000 a month later.

My son also decided to put money into B2T in late February, 2015 due to the success he had seen from my account.

On March 18th 2015, I submitted my first request for withdrawal for the amount of $4,000. Also submitted several requests at later dates for other amounts and have been given many excuses but have NEVER received any funds! Have made numerous requests on numerous dates. Have NEVER received one withdrawl.

The person I used to do the trades became ill around May and began trading less frequently. At the time my account had reached a balance of approximately $61,000. Suddenly on June 11th, my account was traded in unauthorized trades (not by Michael Davids) and showed a loss of $12,675 on that day. I immediately called Michael and he told me he hadn't traded for me since the 9th. He immediately checked his account and found that it had also been traded by some unauthorized, unknown person and he also had lost a substantial amount. My friend also informed me of the same thing and so did my son!

At this point I have been swindled out of my original $15,000 as well as the $46,000 gain by this unethical outfit.

Sincerely,

Mark
P
Prasad
Leeds, United Kingdom,
Jun 18, 2015,
Guest

Don,t trust this company.It is very difficult to withdraw money until you take legal action.you will not get any reply of your emails if you like to withdraw money from your account.My account was more than $21000 about 10 days ago & today it is less than $6000.God knows how did this happened.This co.has taken £2000 from my debit card without my consent.I complained to the Barclays bank fraud squad & got my money back.How this type of co.runs business in this country ?C
T
Tomas Green
Essex, United Kingdom,
Jun 17, 2015,
Guest

This is one of the worst scam and fraud experience I have ever encountered in my life. Base2Trade.com is a scam company. I have my deposite of £4000, I made profit of $9000 balance in my account. I made over $19,000 in turnover of my money as they put mandatory terms before I can withdraw from my account. Now all both my balance and profits are gone, as base2trade.com is nowhere to be contacted. I am seeking legal advice on how to bring these theives to justice. I have every documents as proof. I have copies of bank transfers from my account to their Bank Account in the Lloyds Bank. I have printed off from the platform all my trading transactionsfrom day one to date. I have printed account balance upto date. I have my clear case prepared. Please I need help to bring these people to justice.
TG